Stacy Summary: This is an interesting interview with Jim Rogers who has finally gone long Russia. Partly because everyone in the world hates it. Partly because he thinks the Kremlin is finally doing the right thing. And mostly because they have no debt, huge foreign currency reserves and a convertible currency. Of course, we interviewed Liam Halligan last year and he said the same re: the reasons why Russia is a good place to invest. It was, however, at that time, missing the crucial ingredient of deep hate. Emotions are how investors lose money – that’s why psychopaths and sociopaths do so well.
Jim Rogers says that for the first time in 46 years he is bullish on Russia http://t.co/ZA1f6rIfga
— Stacy Herbert (@stacyherbert) November 25, 2014